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LLC Plane

How to start a business

What is an LLC?

An LLC is a business structure favored by small businesses. Learn more below to see if it’s the right fit for you.

Introduction

A limited liability company (LLC) is a business structure that offers limited liability protection. An LLC protects business owners from certain liabilities and makes filing taxes easier.

An LLC offers flexibility for companies of all sizes, allowing you to start small and scale rapidly. Whether you’re a solo trailblazer or leading a large team, the LLC structure adapts to your evolving needs.

Why choose an LLC?

There are several benefits to making your business an LLC, including:

The shield of limited liability

Shielding your personal assets from business liabilities is essential. With an LLC, your exposure to financial risks is minimized, giving you peace of mind as you navigate the entrepreneurial landscape.

Tax simplicity

Say goodbye to the complexities of double taxation. As a pass-through entity, an LLC ensures that profits flow directly to its members, avoiding corporate-level taxes.

Start small and scale

An LLC offers flexibility for companies of all sizes, allowing you to start small and scale rapidly. As you grow, your LLC will adapt to your evolving needs.

How do I set up an LLC?

There are several important steps to turn your business into an LLC.

1
Choose a unique name for your LLC
2
File Articles of Organization with your state
3
Designate a registered agent
4
Craft an LLC operating agreement tailored to your vision
5
Obtain an Employer Identification Number (EIN) and fulfill tax obligations

The LLC incorporation process can feel overwhelming, but Fluz is here to help. See how we can help with all of these steps.

Form a company with Fluz
Pros and cons of an LLC

While an LLC offers a myriad of benefits, it’s essential to weigh the pros and cons for your business:

Benefits

Protection of personal assets


Ease of setup and maintenance


Tax advantages and flexibility in management


Access to business loans

Drawbacks

Challenges in raising capital


Initial setup costs and ongoing fees


Potential tax implications and regulatory complexities


Considerations regarding member turnover and legal obligations

The Fluz advantage

Fluz understands that navigating the path of entrepreneurship requires a blend of confidence and security. We’ll empower you with:

Professionalism and prestige

Choosing an LLC elevates your business's credibility, instilling confidence in investors and customers alike. It's more than a legal structure; it's a mark of professionalism that opens doors to funding and expansion opportunities.

Personal protection

An LLC shields your personal assets from the unpredictability of business ventures. Whether you soar to new heights or face challenges, your personal finances remain safeguarded.

Support in building your vision

At its core, Fluz believes in fostering entrepreneurial spirit. An LLC isn't just about protecting assets; it's about fostering growth and planning for the future.

Incorporate your company today

Our cost includes everything you need to get started, including all state filing fees.

FormACompany Coin
$350 one-time setup fee

Company incorporation in Wyoming, including all state filing fees


Signed incorporation documents to establish company bylaws


First year of registered agent


Tax ID (EIN) filing and retrieval


BOI Filing

$150 annually after your first year

Maintain your registered agent


Access document templates


Keep partner perks


File your annual report


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Fluz is not offering legal or tax advice. Please consult with your lawyer for legal guidance on the best process for opening a company. Please consult with your tax accountant for guidance on any tax implications of forming a company. Fluz is not your registered agent.